Inventory has held steady at around 5-6 months for some time now, with roughly 4% more active listings on the market in the metro now compared to November last year.

Her caretaker has decided to take over the property and is now an active squatter on the residence and has become quite the problem child in the neighborhood.

Landlords can also evict tenants for illegal activity with a seven-day notice.

@Mort McGuire Yes (JKP) we are also active.

The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted. 

I might get some activities out of time sequence. 

If you qualify, you can use passive losses, like those from depreciation, to offset your active income.

And any investor that is spending more time trying to figure out whether this "strategy" works or not as opposed to focusing on revenue-generating activities, really needs to look at their priorities. 

I'm pretty active on here and IG (@HouseHackandHustle).

Quote from @Christine Gordon: Quote from @Roi Azoulay: This firm is known to advertise fake distressed properties all over NY and reach out the the actual owner w/attempt to get listing agreement, Unfortunately they are still active and keep doing this for many years and no other website/mls does anything about it.